Tuesday, December 2, 2008

Let the leeches help the bloodsuckers

It must be getting rough down at the auto plant, as the CEOs are now willing to restructure, take cuts in pay, and even drive to Washington in order to get on the dole at the FSL, Federal Soup Line. But, these acts of sacrifice come at an additional price; they are now asking for $34B instead of the $25B they were asking for just two weeks ago. Does it ever end? Is there no limit?

As for any thoughts of allowing these outfits to go bankrupt, forget about it. House Speaker Nancy Pelosi said bankruptcy isn't an option for the Big Three. And, President-elect Barack Obama has called for propping up the industry.

I say if they can't pull the freight, why should the taxpayer be stuck with their losses? Did they share their profits with us? No!

Another idea I've heard is for the oil industry to bail out the auto industry. They need each other and the oil companies have posted record profits, while the rest of us have been hurt. Let the leeches help the bloodsuckers, I say!

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